Sanathan Textiles Ltd. (SANATHAN.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-119.0%

-₹98.47

vs ₹518.00 price

Levered DCF

-₹0.75

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

—

Rating

C-

Overall 1 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	39.32×	17.15×	24.49×	21.46×	9.22×	15.06×	60.77×	50.63×
P/B	1.62×	1.52×	2.57×	2.88×	3.32×	4.43×	6.29×	7×
P/S	0.8×	0.94×	1.13×	1.01×	1.05×	1.46×	1.32×	1.2×
EV / EBITDA	14.43×	13.58×	14.59×	12.89×	6.62×	9.86×	14.77×	13.51×
Gross margin	24.4%	12.5%	11.1%	12.4%	22.1%	18.9%	8.8%	8.3%
Operating margin	5.0%	7.7%	6.6%	7.3%	16.1%	15.5%	6.2%	6.0%
Net margin	2.0%	5.5%	4.6%	4.7%	11.4%	9.7%	2.2%	2.4%
Current ratio	1.07×	1.27×	1.8×	1.72×	1.87×	1.32×	1×	0.91×
Debt / equity	0.81×	0.6×	0.3×	0.25×	0.38×	0.86×	1.46×	1.42×
Interest coverage	2×	769.44×	8.22×	10.57×	16.85×	5.03×	2.57×	2.35×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	4.1%	8.9%	10.5%	13.4%	36.0%	29.4%	10.4%	13.8%
Return on invested capital	3.7%	5.6%	8.0%	11.5%	26.0%	17.6%	6.9%	9.0%
Return on assets	1.6%	4.5%	6.1%	8.0%	19.8%	11.3%	3.1%	4.0%
Free cash flow yield	-12.7%	-0.5%	-1.3%	4.5%	7.7%	7.5%	-3.2%	1.3%
Earnings yield	2.5%	5.8%	4.1%	4.7%	10.8%	6.6%	1.6%	2.0%
Enterprise value	₹43.8B	₹38B	₹36.3B	₹35.5B	₹36.5B	₹33.1B	₹34.4B	₹33.4B
Net debt / EBITDA	4.42×	3.76×	1.41×	0.99×	0.67×	1.53×	2.77×	2.21×
Cash conversion cycle (days)	-22	2	12	19	32	30	21	13